Susquehanna International Group Portfolio holdings
Susquehanna International Group (SIG), founded in 1987 by Jeff Yass and a group of friends, is a privately held global quantitative trading and technology firm headquartered in Bala Cynwyd, Pennsylvania. Specializing in trading equities, fixed income, commodities, derivatives, and ETFs, SIG has grown into a major market maker, handling around 600 equity options and 45 index options across exchanges like the CBOE, while employing over 3,000 people worldwide. The firm leverages a data-driven, probabilistic approach—rooted in the founders’ poker-playing days—to provide liquidity and competitive pricing in financial markets, with additional ventures in private equity, venture capital (notably an early investment in ByteDance, TikTok’s parent company), and sports betting analytics. Known for its innovative culture and use of game theory, SIG operates offices across North America, Europe, Asia, and Australia, maintaining a low-profile yet influential presence in global finance.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Meta Platforms (Facebook)
META
|
+$646M |
| 2 |
Tesla
TSLA
|
+$572M |
| 3 |
Broadcom
AVGO
|
+$521M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$478M |
| 5 |
lululemon athletica
LULU
|
+$400M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.14B |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$861M |
| 3 |
Palantir
PLTR
|
+$730M |
| 4 |
iShares Bitcoin Trust
IBIT
|
+$576M |
| 5 |
NVIDIA
NVDA
|
+$443M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.74% |
| 2 | Consumer Discretionary | 0.9% |
| 3 | Financials | 0.71% |
| 4 | Communication Services | 0.62% |
| 5 | Healthcare | 0.56% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
5626
ProShares Ultra Bloomberg Natural Gas
BOIL
$371M
| $2.14M | ﹤0.01% |
35,760
+21,718
| +155% | +$1.48M |
|
5627
Cadiz
CDZI
$294M
| $2.14M | ﹤0.01% |
453,909
+130,934
| +41% | +$457K |
|
|
GPGI
5628
PUT
GPGI Inc
GPGI
$3.7B
| $2.14M | ﹤0.01% |
102,900
-41,900
| -29% | -$725K |
|
5629
CALL
Federal Signal
FSS
$7.68B
| $2.14M | ﹤0.01% |
18,000
-1,200
| -6% | -$144K |
|
5630
CALL
Enviri
NVRI
$579M
| $2.14M | ﹤0.01% |
168,700
+151,700
| +892% | +$1.57M |
|
|
AAMI
5631
CALL
Acadian Asset Management
AAMI
$3.28B
| $2.14M | ﹤0.01% |
+44,400
| New | +$1.98M |
|
5632
ProShares Ultra Russell2000
UWM
$268M
| $2.14M | ﹤0.01% |
46,090
+10,723
| +30% | +$452K |
|
5633
PUT
Packaging Corp of America
PKG
$22.8B
| $2.14M | ﹤0.01% |
9,800
-6,400
| -40% | -$1.32M |
|
|
ECG
5634
CALL
Everus Construction Group
ECG
$7.2B
| $2.14M | ﹤0.01% |
+24,900
| New | +$1.85M |
|
5635
CALL
Tetra Tech
TTEK
$9.35B
| $2.13M | ﹤0.01% |
63,900
-111,900
| -64% | -$4.07M |
|
5636
CALL
Vita Coco
COCO
$3.77B
| $2.13M | ﹤0.01% |
50,200
-12,000
| -19% | -$445K |
|
5637
CALL
UGI
UGI
$7.59B
| $2.13M | ﹤0.01% |
64,100
-70,400
| -52% | -$2.46M |
|
|
AVDL
5638
PUT
DELISTED
Avadel Pharmaceuticals
AVDL
| $2.13M | ﹤0.01% |
139,600
-67,400
| -33% | -$877K |
|
5639
PUT
Fortuna Silver Mines
FSM
$3.16B
| $2.13M | ﹤0.01% |
237,900
-48,300
| -17% | -$353K |
|
5640
Expeditors International
EXPD
$24.2B
| $2.13M | ﹤0.01% |
17,387
-10,403
| -37% | -$1.24M |
|
5641
CALL
Invesco DB Commodity Index Tracking Fund
DBC
$1.73B
| $2.13M | ﹤0.01% |
94,500
-36,400
| -28% | -$810K |
|
5642
PUT
Elanco Animal Health
ELAN
$11.8B
| $2.13M | ﹤0.01% |
105,700
-1,029,600
| -91% | -$17.2M |
|
5643
VictoryShares US Large Cap High Div Volatility Wtd ETF
CDL
$410M
| $2.13M | ﹤0.01% |
30,575
+26,326
| +620% | +$1.8M |
|
5644
Pitney Bowes
PBI
$2.25B
| $2.13M | ﹤0.01% |
186,419
-451,618
| -71% | -$5.26M |
|
5645
PUT
Warby Parker
WRBY
$3.2B
| $2.13M | ﹤0.01% |
77,100
+25,700
| +50% | +$649K |
|
5646
Invesco S&P International Developed Low Volatility ETF
IDLV
$345M
| $2.13M | ﹤0.01% |
+63,471
| New | +$2.13M |
|
5647
Andersons Inc
ANDE
$2.24B
| $2.13M | ﹤0.01% |
53,398
-30,167
| -36% | -$1.16M |
|
5648
Tandem Diabetes Care
TNDM
$1.58B
| $2.13M | ﹤0.01% |
175,096
-82,363
| -32% | -$1.11M |
|
5649
LiveRamp
RAMP
$2.3B
| $2.13M | ﹤0.01% |
78,309
-6,926
| -8% | -$204K |
|
5650
First Trust NASDAQ 100 ex-Technology Sector Index Fund
QQXT
$161M
| $2.12M | ﹤0.01% |
21,445
-27,238
| -56% | -$2.69M |
|
Similar funds
Susquehanna International Group's Q3 2025 Portfolio in Review
As of Q3 2025, Susquehanna International Group held 14,336 positions worth $875B, up 22% from $720B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Susquehanna International Group deployed $67.5B of net new capital in Q3 2025, opening 1,794 new positions and adding to 5,240 existing holdings. Its largest new stake was BitMine Immersion Technologies: 7,689,603 shares worth $399M.
By sector, the portfolio is most concentrated in Technology at 1.7% of assets, down from 1.8% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $1.14B trimmed.
- Susquehanna International Group's largest Q3 2025 buy was BitMine Immersion Technologies: 7,689,603 shares worth $399M.
- Susquehanna International Group added most to Meta Platforms (Facebook) in Q3 2025, an estimated $646M increase.
- Susquehanna International Group's biggest Q3 2025 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $1.14B.
- Susquehanna International Group fully exited iShares Core MSCI Total International Stock ETF in Q3 2025, selling an estimated $123M.
- Susquehanna International Group's ten largest holdings make up 24% of its $875B portfolio in Q3 2025.
- Susquehanna International Group opened 1,794 new positions and closed 2,105 in Q3 2025.
- Susquehanna International Group's portfolio value rose 22% quarter-over-quarter to $875B.
Based on Susquehanna International Group's 13F filing for Q3 2025, filed 14 Nov 2025.